Market Overview for Green Metaverse Token (GMTUSDT)

• Green Metaverse Token (GMTUSDT) saw a broad 5.5% range today, driven by late-day buying.
• Price broke below a 15-minute bullish wedge pattern with a close near $0.0393, signaling bearish bias.
• RSI reached oversold levels, hinting at short-term potential for a rebound from $0.0389 support.
• Late-day volume surged as price retested key support, confirming the breakdown.
• Bollinger Bands widened after a period of consolidation, indicating rising volatility.

Green Metaverse Token (GMTUSDT) opened at $0.0404 on 2025-08-25 12:00 ET and reached an intraday high of $0.0406, before closing at $0.0393 on 2025-08-26 12:00 ET, with a low of $0.0382. Total volume reached 33.3 million, and notional turnover was approximately $1.31 million.

Structure & Formations

The price chart revealed a 15-minute bullish wedge pattern forming earlier in the session, which was decisively broken below late in the afternoon. This breakdown was confirmed with a close below the wedge's lower boundary at $0.0393. A notable bearish engulfing pattern occurred at $0.0395 as price rejected the prior high and closed lower. A small doji at $0.0392 near the session’s low suggests indecision and potential for a near-term bounce.

Moving Averages

On the 15-minute chart, price closed below both the 20 and 50-period SMAs, reinforcing bearish momentum. The 50-period MA is currently at $0.0397, acting as a key resistance level for potential countertrend bids. On the daily chart, GMTUSDT is below the 50, 100, and 200-period MAs, with the 200 MA sitting at $0.0412, a strong psychological and technical hurdle.

MACD & RSI

The MACD line turned bearish in the final 3 hours, with a negative histogram and a crossover below the signal line. RSI dropped into oversold territory at 25, suggesting the potential for a near-term rebound from $0.0389, though bearish bias remains intact.

Bollinger Bands

Bollinger Bands showed a brief contraction earlier in the session followed by a sharp expansion after the breakdown. Price closed near the lower band at $0.0389, indicating strong short-term bearish pressure. The 20-period volatility range has widened to $0.0018, suggesting elevated uncertainty.

Volume & Turnover

Volume spiked in the critical 19:30–20:15 ET timeframe as the breakdown occurred, with over 8.2 million tokens traded in that window. Notional turnover rose in tandem with the price decline, confirming the breakdown rather than signaling a false break. A divergence between volume and price was observed in the 22:00–00:15 ET window, with volume declining while price drifted lower, pointing to weakening short-term bearish momentum.

Fibonacci Retracements

Applying Fibonacci to the recent 15-minute swing from $0.0382 to $0.0406, the 38.2% and 61.8% retracement levels are at $0.0395 and $0.0390, respectively. Price is currently testing the 61.8% level at $0.0390, which may offer a short-term floor or trigger further selling if broken.

GMTUSDT appears to be in a bearish phase with a short-term target near $0.0385 if the current trend continues. However, a bounce from $0.0389–$0.0390 could bring in buyers. Investors should watch for a retest of these levels or a break of the 50-period MA as potential signals for directional bias. Volatility remains elevated, so a cautious approach is warranted.